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Glossary Politics & World

Sanctions

Restrictions imposed by one government on dealings with another state, entity or individual. They work through banks and intermediaries, which is why enforcement questions often land on financial firms.

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Gas fee

The charge paid to have a transaction processed on a blockchain. Fees rise with congestion, which…

Proof of stake

A method of securing a blockchain in which validators lock up coins as collateral instead of…

Bear market

A fall of 20% or more from a recent peak, held long enough to look like…

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